Extraordinary Event definition

Extraordinary Event means a Merger Event, Tender Offer, Nationalisation, Insolvency or Delisting, as the case may be.

Extraordinary Event means any event, circumstance or cause which Royal Bank determines has or will have a material adverse effect on the ability of Royal Bank to perform its obligations under the Notes or to hedge its position in respect of its obligation to make payment of amounts owing thereunder, including as a result of any of Royal Bank’s internal policies, and more specifically includes a Market Disruption Event in respect of any Share or Hedging Event.

Extraordinary Event means any event, circumstance or cause which Royal Bank determines has or will have a material adverse effect on the ability of Royal Bank to perform its obligations under the Notes or to hedge its position in respect of its obligation to make payment of amounts owing thereunder, including as a result of any of Royal Bank’s internal policies, and more specifically includes the following events to the extent that they have such effect:

Examples of Extraordinary Event in a sentence

• Delayed Redemption on Occurrence of an Extraordinary Event: Not applicable.

• The procedure in this case is identical to an elimination due to and Extraordinary Event.

• Extraordinary Events: In lieu of the applicable provisions contained in Article 12 of the Equity Definitions, the consequences of any Extraordinary Event (including, for the avoidance of doubt, any Merger Event, Tender Offer, Nationalization, Insolvency, Delisting, or Change In Law) shall be as specified below under the headings “Acceleration Events” and “Termination Settlement” in Paragraphs 7(f) and 7(g), respectively.

• If the Calculation Agent determines that an Extraordinary Event constitutes a force majeure, Share Condition 4.2(b)(vi) or 4.2(d)(vi) applies.

• Following the occurrence of any Extraordinary Event, the Issuer will determine whether or not the relevant Preference Shares shall continue and, if so, determine any adjustments to be made.

More Definitions of Extraordinary Event

Extraordinary Event means a Merger Event, Tender Offer, Nationalisation, Insolvency or Delisting.

Extraordinary Event. : means an Extraordinary Event as determined by the Calculation Agent (acting in good faith and in a commercially reasonable manner) in accordance with the Terms and Conditions of the underlying securities.

Extraordinary Event means an Index Modification, Index Cancellation, Index Disruption or an Index Adjustment Redemption Event, all as defined in §4b(2) below.

Extraordinary Event means any of the following events:

Extraordinary Event with respect to a Share means any of the following events:

Extraordinary Event with respect to a Share means

Extraordinary Event means a Material Change in Formula or a Material Change in Content, as the case may be.